Vanguard Communication Services ETF (NYSEARCA:VOX) Sets New 52-Week High – Should You Buy?

Vanguard Communication Services ETF (NYSEARCA:VOXGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $196.30 and last traded at $196.18, with a volume of 33599 shares traded. The stock had previously closed at $194.66.

Vanguard Communication Services ETF Price Performance

The stock’s fifty day moving average price is $191.37 and its 200-day moving average price is $185.02. The firm has a market cap of $6.35 billion, a price-to-earnings ratio of 18.46 and a beta of 1.07.

Hedge Funds Weigh In On Vanguard Communication Services ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Hartford Financial Management Inc. acquired a new stake in Vanguard Communication Services ETF during the second quarter valued at $27,000. Tripletail Wealth Management LLC bought a new position in Vanguard Communication Services ETF during the third quarter valued at approximately $34,000. Westfuller Advisors LLC acquired a new stake in Vanguard Communication Services ETF in the third quarter valued at approximately $38,000. Asset Dedication LLC acquired a new stake in Vanguard Communication Services ETF in the fourth quarter valued at approximately $39,000. Finally, Private Wealth Management Group LLC acquired a new stake in shares of Vanguard Communication Services ETF in the 3rd quarter valued at $41,000.

Vanguard Communication Services ETF Company Profile

(Get Free Report)

Vanguard Telecommunication Services ETF (the Fund) seeks to track the performance of a benchmark index that measures the investment return of telecommunication services stocks. The Fund seeks to track the performance of the MSCI US Investable Market Telecommunication Services 25/50 Index. The MSCI US Investable Market Telecommunication Services 25/50 Index includes stocks of the United States companies within the telecommunication services sector. The sector is made up of companies that provide communications services primarily through fixed-line, cellular, wireless, high-bandwidth, and/or fiber-optic cable networks.

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